Weekly NFT roundup April 14-20: Real-world applications grow through postage and insurance

The last week saw practical real-world applications of NFTs grow with the certification of CaseMail's NFT postage technology, as well as the development of an insurance system for NFTs, solidifying their growing importance in the blockchain industry.

CaseMail’s NFT postage labels first to be certified by USPS

The United States Postal Service (USPS) has certified CaseMail’s NFT-based postal tracking and content verification technology.

CaseMail tokens can be...

Weekly NFT roundup April 7-13: Christie’s, Triller, and more

NFTs made headlines again this week as the market continues to grow rapidly. Beyond this week, future developments may include Playboy which will soon begin auctioning NFTs on Nifty, luxury fashion brands that are exploring ways to implement 3D clothing in their offerings, and even Tom Brady who is set to launch his very own NFT marketplace.

CryptoPunk NFT artwork expected to sell for millions at upcoming Christie’s auction

A selection of NFTs from the iconic...

Weekly NFT roundup March 30-April 6: mass industry adoption and environmental concerns

Continuing our new series, this week saw increased NFT adoption in a variety of industries, especially music and art, amidst growing concerns over the environmental impact of NFTs. You can take a look at last week's roundup here, or read all of The Block's NFT stories here.

India’s largest crypto exchange launches NFT marketplace

WazirX continues its successful start to 2021 with the launch of India’s first NFT marketplace. Last month the company’s in-house...

Weekly NFT roundup March 23-29: Circle, Klaytn, and more

From Jack Dorsey's first tweet to the Beeple digital artwork sold by Christie's, the non-fungible token (NFT) market has exploded in recent weeks. In the first of a new series, The Block takes a look at the past week’s developments in the budding NFT industry.

Circle launches its NFT payments solution

Global fintech firm Circle, which provides payments and treasury infrastructure for internet-based businesses, has announced a payments solution for NFT marketplaces and...

Jack Dorsey’s first tweet sells for $2.9m as an NFT

Twitter co-founder and CEO Jack Dorsey has sold his first ever tweet as a non-fungible token (NFT) after a two week bidding war for $2.9 million (£2.1m).

NFTs are a technology which allow for the creation of digital scarcity through blockchain verification, and they have been exploding in popularity in 2021. Digital artist Beeple recently sold a combined collection of his works through the auction house Christie’s for $69m (£50m).

The tweet, which reads ‘just...

Beeple NFT digital artwork sells for $69.3 million in Christie’s auction

Auction house Christie's has concluded its single lot online of Beeple's 'Everydays: The First 5000 Days' artwork for $69.3 million (£49.8m) as the NFT (non-fungible token) space continues to heat up.

Christie's said the sale was the highest total for any online-only auction, as well as setting a new world record for any work of digital art and the third highest price for a living artist at auction. The company said it was a 'watershed moment in the development of digital...

Associated Press auctions first NFT artwork commemorating blockchain usage in US election

As non-fungible tokens (NFTs) become an increasingly popular way to create artificial scarcity in the digital marketplace, the Associated Press (AP) has listed its first ever NFT artwork for auction in collaboration with Everipedia and digital artist Marko Stanojevic.

Total sales across NFT marketplaces stood at $500 million (£360m) in February, compared to just $200m (£144m) for the whole of 2020, signifying their increasing popularity due to Bitcoin’s growing value alongside...

First ever digital artwork to be sold at Christie’s – made possible by blockchain

Major auction house Christie’s will open bidding this month for an online-only sale of ‘Everydays – The First 5000 Days’ by prominent digital artist Mike Winkelmann, known online as Beeple.

The sale is claimed as first time that a purely digital NFT (non-fungible token) based work of art has ever been offered by a major auction house.

Since 2007, Winkelmann has set out to create and post a new work of art everyday indefinitely. Everydays is a compilation of those...

Featured: The Block’s list of innovative blockchain companies to look out for in 2021

Feature 2021 is going to be an exciting year for blockchain technologies. The launch of Ethereum 2.0, the ongoing volatility of Bitcoin and the intriguing use cases arising from DeFi will continue apace, while enterprise opportunities, from finance, to energy and sustainability, to the wider supply chain, remain.

The Block has selected seven companies to feature for 2021. Read their stories below:

Butterfly Protocol

Butterfly Protocol's goal is to provide a...

Outlier Ventures blockchain trends report 2021: Ethereum still top, NFT and metaverse projects praised

Ethereum remains the most actively developed blockchain protocol, followed by Cardano and Bitcoin - while multi-chain protocols are seeing significant interest and uptick.

This is the key finding from the annual blockchain developer trends report from Outlier Ventures.

The report, which looked to perform an 'in-depth technical analysis' of the codebases of top projects in blockchain and crypto, is touted as a fully open reading. The motivating factor, the venture firm...